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Showing 1 - 10 of 20 results for "OECD average"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... reform in name only. Higher taxes, no meaningful reduction in personal tax brackets, a company tax rate well above the OECD average, and new complexity for small businesses and family enterprises." Financial Services Council (FSC) chief executive Blake ...

Australia must focus on 'friend-shoring': UNSW

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... "Australia has one of the highest population growth rates in the developed world, up by 35% in the past two decades (OECD average is just 13%). But this high-growth approach faces political pressure, in large part due to rising housing costs," it said. ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... piecemeal tinkering with superannuation taxes. At 30%, Australia's company tax rate is uncompetitive with an OECD average rate moving towards 20%, the FSC argues, which in turn impacts the country's international competitiveness and discourages ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... attractive destination for foreign investment, with investment flows into our country consistently outpacing the OECD average since 2006. Direct and portfolio foreign investment in our economy grew to be worth about $3.5 trillion in 2023," Chalmers said. ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... Tax. Grattan said that even by implementing all the tax-focused recommendations, Australia would still be below the OECD average in terms of tax collections as a share of the economy. In terms of spending reductions, it's recommended cutting spending ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... to 43% pension gap among men and women. Australia meanwhile recorded a gap of nearly 20%, which is less than the OECD average of 25%. There is no single cause of the gender pension gap, the study found, rather it is much more complicated and the result ...

Limited super investment in VC holding Australia back: AVCAL

EMMA RAPAPORT  |  TUESDAY, 13 JUN 2017
... handful of others countries including China, Taiwan and Singapore), at just 0.023% of Australia's GDP compared to the OECD average of 0.049%. AVCAL chief executive Yasser El-Ansary says that if Australia is to be truly ambitious, it must seek to emulate ...

Australia ranks fifth for financial literacy

ALEX DUNNIN  |  THURSDAY, 25 MAY 2017
... Peter Kell said he welcomed these results, noting 15% of Australian students were high performers compared to the OECD average of 12%. But he acknowledged that 20% of Australian students were low performers compared to the 22% OECD average. Kell said ...

FSC calls for 22% company tax

MARK SMITH  |  MONDAY, 18 JAN 2016
... benefit of a lower company tax rate of 22% will be a reduction in the federal budget's reliance on corporate tax. The OECD average reliance on company tax is 8%, while Australia's is more than 18%. A lower reliance on company tax will mean Australia's ...

GST increase would deliver $42 billion: FSC

DARREN SNYDER  |  MONDAY, 6 JUL 2015
... insurance adds further pressure to Commonwealth budgets." Bragg added Australia's tax mix is the converse of the OECD average. He said Australia is heavily reliant on personal and company taxes, whereas the average OECD nation has a higher reliance on ...
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